The British Pound against the US Dollar short setup technical analysis.
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GBPUSD trading idea for long term.
Technical analysis behind this trading
- Market is now in resistance level. ir already bounce back from resistance level.
- Fibonacci retracement .886
- ABCD patter.
Stop Lose 1.36200 Take Profit 1.33500
Daily Chart
H1 time frame chart for entry.
Using multiple time frame analysis i found the entry for GBPUSD pair for next week.
Daily chart give me longer term setup for short .Lower chat Hour 1 time frame give me entry confirmation.